Taxation
Inheritance Tax
Expert Inheritance Tax Planning Services
Preserve Your Wealth for Future Generations
At CityEdge, we specialise in providing inheritance tax (IHT) planning services that help individuals and families protect their wealth and secure their financial legacies. With the right strategies in place, you can minimise your inheritance tax liability and ensure that more of your assets pass to your loved ones.
Our team of expert accountants and tax advisers works closely with you to develop personalised solutions that align with your financial goals, offering peace of mind and maximising tax efficiency.
What is Inheritance Tax?
Inheritance Tax is a tax on the estate of someone who has passed away, including property, money, and possessions. Without proper planning, the standard rate of 40% may apply to assets above the tax-free threshold (currently £325,000 in the UK).
Effective inheritance tax planning can help reduce this burden by taking advantage of exemptions, reliefs, and trusts designed to protect your estate.
How We Help with Inheritance Tax Planning
CityEdge provides a comprehensive range of services to ensure your inheritance tax strategy is tailored to your needs:
- Identifying Tax-Saving Opportunities: We assess your estate to highlight opportunities to minimise tax exposure.
- Trusts and Gifting Strategies: Explore options such as setting up trusts or making tax-efficient gifts to reduce your taxable estate.
- Business Property Relief (BPR): Advice on protecting business assets from inheritance tax liabilities.
- Pensions and Investments: Strategic guidance on leveraging pensions and other financial products for tax efficiency.
- Succession Planning: Develop plans to ensure a smooth transfer of wealth to the next generation.
- Utilising Exemptions: Ensure you make the most of exemptions, such as annual gift allowances and spouse or civil partner transfers.
The Benefits of Inheritance Tax Planning
- Reduce Tax Liability - Preserve more of your wealth by legally minimising the inheritance tax owed.
- Financial Security for Loved Ones - Ensure your family benefits from the full value of your estate.
- Tailored Solutions - Receive expert advice tailored to your unique circumstances and financial goals.
- Peace of Mind Have confidence knowing your estate is prepared for the future.
Who Needs Inheritance Tax Planning?
Inheritance tax planning isn’t just for the wealthy. It’s essential for:
- Individuals with property or assets exceeding the tax-free threshold.
- Business owners wanting to protect company assets for their heirs..
- Families looking to secure financial stability for future generations.
- Anyone interested in reducing their estate’s tax liability.
Why CityEdge?
- Expert Knowledge - Our advisers are well-versed in the latest inheritance tax rules and regulations.
- Proactive Strategies - We focus on forward-thinking solutions to minimise tax exposure and preserve wealth.
- Comprehensive Support - From trusts to investments, we cover all aspects of inheritance tax planning..
- Personalised Service - We understand that every estate is unique, and we tailor our advice to your specific needs.
Start Planning Your Legacy Today
Inheritance tax doesn’t have to erode your wealth. At CityEdge, we provide clear, actionable strategies to help you protect your estate and maximise the benefits for your loved ones.
Contact Us Today to book a consultation with one of our inheritance tax experts. Let us guide you through the complexities of tax planning and secure a brighter future for your family.